The Commodity Channel Index (CCI) is most effective in trending markets, particularly those with a strong upward or downward bias. The CCI is designed to identify overbought and oversold conditions in the market, which can be useful for traders...

In forex, global variables are values stored within a trading platform, most commonly MetaTrader, that can be accessed across different charts, indicators, or expert advisors (EAs). Unlike local variables, which exist only within a specific program...

Spot gold is the price of gold traded for immediate delivery in the global market. It reflects the current value of one ounce of gold and moves throughout the day as supply, demand and market sentiment shift. Traders follow spot gold because it acts...

An Inside Bar candle is a key price action pattern in trading, especially in forex and stocks. It occurs when the current bar or candle is entirely within the range of the previous bar, meaning its high is lower than the previous high and its low is...

The main purpose of using a grid trading strategy is to take advantage of price fluctuations in a market without needing to predict the exact direction of the trend. Instead of focusing solely on whether the price will rise or fall, grid trading...

Choosing between fundamental analysis and technical analysis depends on how you like to make decisions and what kind of trades you prefer. Both approaches can work well when applied with discipline, and many traders actually blend them to get a...

ECN (Electronic Communication Network) brokers play a significant role in the world of financial trading, offering several important advantages for traders. Here are some key reasons why ECN brokers are important:

A line chart can support multi-timeframe analysis by giving you a clean view of price direction without distractions. When you study several timeframes, clarity matters. A line chart makes it easier to compare the bigger trend with the smaller moves...

The KSE-100 index is the main benchmark used to measure the performance of the Pakistan Stock Exchange. It tracks 100 of the largest and most actively traded companies listed on the exchange. The index was created to give investors a clear view of...

Trading safely in the Forex market is possible, but it requires discipline, education, and risk management. The foreign exchange (Forex) market is highly volatile, with rapid price movements influenced by economic data, geopolitical events, and...